£301,678
This estimated value is based upon the latest sale price for the house of £247,000 on 16 Oct 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £247,000 | 16 Oct 2019 |
| £280,000 | 2 Mar 2018 |
| £235,000 | 29 Sep 2016 |
| £128,000 | 21 Mar 2003 |
| £85,000 | 18 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIGHTON AND HOVE to estimate the market value.
When this house was purchased in October 2019 the House Price Index for BRIGHTON AND HOVE was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £247,000 results in an estimated price of approximately £301,678.
| 16 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £247,000 | £54,678 | £301,678 |
The Postcode Pricing Model uses changes in average sales price within the BN3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 44.610 % | £110,186 | £357,186 |
| 3 Month Average | 8.018 % | £19,803 | £266,803 |
| 6 Month Average | 11.812 % | £29,176 | £276,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £586,088 | £575,000 | 2 PRINSEP ROAD |
| 6 Dec 2023 | £514,738 | £505,000 | 52 SHAKESPEARE STREET |
| 23 Mar 2023 | £675,768 | £672,115 | 41 SHAKESPEARE STREET |
| 8 Jun 2022 | £282,867 | £280,000 | 8 SHERIDAN MANSIONS SHERIDAN TERRACE |
| 27 May 2022 | £685,185 | £675,000 | 11 SHAKESPEARE STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Jun 2016. Using an estimated price of £301,679 means this house is valued at £5,692 per sq meter (£528 per sq foot).
The average size of a house on SHERIDAN TERRACE is 67 sq meters (726 sq feet).